Antofagasta Balance Sheet Health
Financial Health criteria checks 4/6
Antofagasta has a total shareholder equity of $12.0B and total debt of $3.9B, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are $19.6B and $7.6B respectively. Antofagasta's EBIT is $1.8B making its interest coverage ratio -54.5. It has cash and short-term investments of $3.4B.
Key information
32.0%
Debt to equity ratio
US$3.85b
Debt
Interest coverage ratio | -54.5x |
Cash | US$3.38b |
Equity | US$12.05b |
Total liabilities | US$7.60b |
Total assets | US$19.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ANFG.F's short term assets ($5.2B) exceed its short term liabilities ($2.2B).
Long Term Liabilities: ANFG.F's short term assets ($5.2B) do not cover its long term liabilities ($5.4B).
Debt to Equity History and Analysis
Debt Level: ANFG.F's net debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: ANFG.F's debt to equity ratio has increased from 24.6% to 32% over the past 5 years.
Debt Coverage: ANFG.F's debt is well covered by operating cash flow (60.5%).
Interest Coverage: ANFG.F earns more interest than it pays, so coverage of interest payments is not a concern.